AREA REPORTS

Burwood East

VIC/
Burwood east

Suburb Profile

Burwood East - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3151

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 21% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,086,600.

Profits due to an upward trend in home prices there averaged 7% per annum over a 3-year period.

Home owners selling their properties and realtors in BURWOOD EAST usually have to wait an average of 60.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $462.5 mark, reflecting a 2.21% increase in returns based on the current median price in BURWOOD EAST.

BURWOOD EAST, 3151 places 542nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,086,600 $723,500
GROWTH REPORT
Median Quarterly -1.93% -8.99%
Median 12 month -1.22% 4.1%
Median 3 years 21% 27.6%
Median 5 years 68.26% 40.83%
10 years average annual 7.88% 7.03%
Weekly media advert. rent $462.5 $430
Time on Market 60.4 days 91.5 days
Gross Rental Yield Percent 2.21% 3.09%
demographics (median values)
Total Population
10013
Weekly Household Income
1049
Household Size
2.60
demographics
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